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Search Results 0 to 19 of about 20 (some duplicates have been removed)
of the international banking for nearly two years. >>> back here in the bay area the city of stockton is getting ready for a big court hearing today that will decide its financial fate. coming up at 5:46 we will tell you about the challenges stockton faces when filing for chapter 9 bankruptcy. >>> today at the golden gate bridge crews are getting ready for the big switch to the electronic tolls. crews will be hanging electronic sign at the toll plaza today. then early wednesday morning that will be turned on and then you drivers will not stop. there will be -- >>> let's go over to sal. what are you keeping an eye on sal? >> looking at the traffic on the bay bridge toll plaza. just because it's our workhorse commute. something happens there. everyone knows about it. right now it's still light and there are no major problems coming here. there is a little bit of a delay but not much of one in the far left lanes for people who pay cash. the other lanes are moving through. this will get worse as we get to 6:00. bay bridge toll plaza looks good. 880 looking very nice. northbound 880 all the way up to the d
of the international banking for nearly two years. >>> back here in the bay area the city of stockton is getting ready for a big court hearing today that will decide its financial fate. coming up at 5:46 we will tell you about the challenges stockton faces when filing for chapter 9 bankruptcy. >>> today at the golden gate bridge crews are getting ready for the big switch to the electronic tolls. crews will be hanging electronic sign at the toll plaza today. then early wednesday morning that will be turned on and then you drivers will not stop. there will be -- >>> let's go over to sal. what are you keeping an eye on sal? >> looking at the traffic on the bay bridge toll plaza. just because it's our workhorse commute. something happens there. everyone knows about it. right now it's still light and there are no major problems coming here. there is a little bit of a delay but not much of one in the far left lanes for people who pay cash. the other lanes are moving through. this will get worse as we get to 6:00. bay bridge toll plaza looks good. 880 looking ve
. heather: good thing. all right so growing concerns for the future of u.s. cities as stoc stockton, california heads to bankruptcy court. they racked up a billion dollars in debt in two years. we hear about other places in similar situation. some are wondering whether other u.s. cities will soon follow. matt mccall is president of financial group l. l. c. and countdown to the closing bell on fox network. california's 13th largest city officially heading to bankruptcy court today. a city in detroit trying to avoid the same thing, the largest city ever to be put under state control. if i live in a small town say in mississippi, i live in a farming community out in midwest or here in the big city of new york city, why do i care, how does it effect me, liz? >> it is interesting if you are part of a municipality that is in debt. when it comes to the clip that happened here situation probably unlikely unless your city finances are in such arrears and a dire state that you too should be watching. everyone can learn a lesson with what is happening in stockton, california today. heather: ta
:14. this morning, stockton could become the largest city in the u.s. to go bankrupt, but not everyone is happy with the financial decisions. our router is live in -- our reporter is live in sacramento where the hearing is set to get underway in just a couple of hours. good morning. >> reporter: good morning. the bankruptcy trial for stockton gets underway in two hours at the federal courthouse in sacramento. officials are very nervous because the judge is only giving them a small amount of time to present their case. city officials admitted they didn't manage their money properly when times were good. they akum dated about a billion dollars in debt. stockton will continue to negotiate with creditors. that trial gets underway at 9:30. city officials are confident they can do this. back to you. >>> britain's prince harry will visit -- visit the united states in may. he made headlines after being caught naked traveling around. he will be traveling from may 9th until the 15th. one of his scheduled stops includes a visit to new jersey to tour the damage from
channel 2 morning news. >>> the city of stockton goes to court and if they find they have done everything possible to pay its debts, they will become the largest to go bankrupt. they plan to say that the city has not done enough to cut spending but stockton faces another million dollar shortfall on july 1st. >>> two men died in a sky diving accident and in zephyr hills, the men did not deploy their parachutes. the student and teacher were jumping separately and the backup parachutes did not have enough time to deflate. this do this every year with sky diving. >>> they went up in flames last night while he was on the court in san jose and the third round of the ncaa tournament. michael carter williams' family was watching the game in the family home north of boston. nobody was hurt and investigators believe the fire started in a wood stove outside. later williams used twitter to update everybody and thanked everybody for prayers and said all that is important is that my family is okay. >>> take a look at this, a couple rescued from a car on t
of minutes. >>> 7:14. this morning, stockton could become the largest city in the u.s. to go bankrupt, but not everyone is happy with the financial decisions. our router is live in -- our reporter is live in sacramento where the hearing is set to get underway in just a couple of hours. good morning. >> reporter: good morning. the bankruptcy trial for stockton gets underway in two hours at the federal courthouse in sacramento. officials are very nervous because the judge is only giving them a small amount of time to present their case. city officials admitted they didn't manage their money properly when times were good. they akum dated about a billion dollars in debt. stockton will continue to negotiate with creditors. that trial gets underway at 9:30. city officials are confident they can do this. back to you. >>> britain's prince harry will visit -- visit the united states in may. he made headlines after being caught naked traveling around. he will be traveling from may 9th until the 15th. one of his scheduled stops includes a visit to new jersey to tour the damage from superstorm s
. a historic financial decision for stockton possibly coming today. the reason some say the city does not deserve the right to file for bankruptcy. >>> we're live in san jose where police are searching for a man they say brutally stabbed and killed his exgirlfriend. we have just spoken to the victim's family. we'll tell you what they have to say and the latest on the police investigation. >>> a lot of high and mid level clouds. it will be cooler today. 50nd and 60s. partly sunny skies. a few low 70s. >>> welcome back. good morning, to you. here's a quick look at some of the top stories we are following for you right now at 6:46. police in hayward arrested three people over night after this high speed chase into oakland. the driver was wanted for reckless driving. police say the three may be involved in a drive by shooting yesterday afternoon that anywhered an innocent bystanders. >>> the coast guard culled off a search for a man who disappeared while playing in the surf near half-moon bay. 22-year-old carlos javier lopez was playing soccer with friends when he vanished into the rough
decision for stockton possibly coming today. the reason some say the city does not deserve the right to file for bankruptcy. >>> we're live in san jose where police are searching for a man they say brutally stabbed and killed his exgirlfriend. we have just spoken to the victim's family. we'll tell you what they have to say and the latest on the police investigation. >>> a lot of high and mid level clouds. it will be cooler today. 50nd and 60s. partly sunny skies. a few low 70s. >>> welcome back. good morning, to you. here's a quick look at some of the top stories we are following for you right now at 6:46. police in hayward arrested three people over night after this high speed chase into oakland. the driver was wanted for reckless driving. police say the three may be involved in a drive by shooting yesterday afternoon that anywhered an innocent bystanders. >>> the coast guard culled off a search for a man who disappeared while playing in the surf near half-moon bay. 22-year-old carlos javier lopez was playing soccer with friends when he vanish
of psychiatric help. after talking with police the suspect surrendered. no one was hurt. and and stockton is poised to become the most populous city in the nation to enter bankruptcy when its trial begins today in federal court. creditors who lent stockton money are challenging its chapter 9 bankruptcy petition, but most observers say the city of 300,000 will be successful. its largest creditors are bond insurers who helped the city refinance pension debt. police in south san francisco are searching for a serial arsonist who started three fires in the city over the weekend. police said two fires were lit in orange park on memorial drive and a third was started near the 500 block of el camino real. fiske all three fires were quickly extinguished and caused little damage, police said. no suspect information was immediately available. police search for arsonist this weekend police said two fires were lit in orange park on immediately available. the san mateo county sheriff's office is warning rash of 'door-knock' burglaries that have occurred in residential neighborhoods around san according
service come august. i am ann rubin, ktvu channel 2 morning news. >>> the city of stockton goes to court and if they find they have done everything possible to pay its debts, they will become the largest to go bankrupt. they plan to say that the city has not done enough to cut spending but stockton faces another million dollar shortfall on july 1st. >>> two men died in a sky diving accident and in zephyr hills, the men did not deploy their parachutes. the student and teacher were jumping separately and the backup parachutes did not have enough time to deflate. this do this every year with sky diving. >>> they went up in flames last night while he was on the court in san jose and the third round of the ncaa tournament. michael carter williams' family was watching the game in the family home north of boston. nobody was hurt and investigators believe the fire started in a wood stove outside. later williams used twitter to update everybody and thanked everybody for prayers and said all that is important is that my family is okay. >>> take a look at this, a couple rescued from a car on top of
idea like tracie or stockton would be a better place to have veteran housing but why not here. >> the plan for veteran housing is a long way from becoming a reality. heaton must get to the owners of the land, convince them to sell it and the city to build housing. >>> this will break your heart. a few months after he beat lymphoma, a 6-year-old boy is fighting for his life again against leukemia. he needs a bone marrow transplant to save his life. the leukemia is aggressive and chemotherapy will not cure it. the family has been told there are not many people of hispanic descent in the current database. finding a match will be extremely challenging. eduardo's classmates and teachers are spreading the word about finding a bone marrow match. the family hopes their son's story will inspire others to answer the call. >> i'm really convinced we can find it and save him and do whatever we need to do to convince the people to do the test. >> a bone marrow drive for eduardo will happen at river glen school next friday march 29th. it will start at 2:30 in the afternoon and end at 7:00.
help stop a republican filibuster in the senate. >> right now the city of stockton in federal court is poised to become the largest city in the nation to enter bankruptcy. they face a four-day fight over the chapter 9 bankruptcy petition. creditors are challenging the move. for years the city based salaries and benefits and borrowing on anticipated developer fees and increasing property tax revenue but that vanished when the mortgage bubble burst and slashed tens in millions in services and programs but drew the line at cutting pensions or retiree benefits. >> mike is off but lisa is here with the forecast. >> it has been cloudy and cool this morning. we are seeing some sunshine in parts of the bay but still looking mild out there. don't want to give it all away we have the last week of march, easter week, and that is all straight ahead. >> plus, a new warning from medical experts, what many new mothers are doing too soon. >> the mystery deepens over who won one of the biggest >> cupertino, wine country and all the bay area this is abc7 news. >> study suggests many mothers give thei
, stockton is poised to become the most populous in the nation to enter bankruptcy when its trial begins tomorrow in federal court. creditors who lent stockton money are challenging its chapter 9 bankruptcy petition, but most observers say the city of 300,000 will be successful. its largest creditors are bond insurers who helped the city refinance pension debt. >> we are seeing changes with the wind coming off the ocean and increase with clouds.hall signs of changes. even wet weather. temperatures are cooling to 50 degrees in san francisco fairfield, brentwood. low clouds coming off the ocean. tomorrow you will see gray skies but as we go for the afternoon some high clouds with clouds and gusting winds will be expected. and on the in income if chance for rainfall. new york's coney island is now open for business. today senator chuck schumer the start of the park's season. coney island opens the week before easter every year. but this year a lot of work had to be done to the electrical system that was damaged during superstorm sandy. officials say that today's celebrations serve as a remi
after 25 years guiding tigers in stockton. miami just too talented. shane larkin, how do you like neon sneakers? up 21 at the break. miami moving on 78-49. major upset here. explorers led by 18 at the half. 30 seconds left, foul on the rebound and wright sinks them both. kansas state, for the tie that is way off. la salle pulls off the upset. rebels up, three. marshal henderson from downtown. then with a minute left nick williams to henderson. people had badgers as final four sleepers goodbye, ole miss meeting la salle next. tomorrow night cal looks to move onto the sweet 16 but they will have to beat syracuse in order to get there. the bears love respect that would come back with a win. >> it's a great opportunity to put ourselves on that national scale with teams like kansas, north carolina and duke. >> i feel like we're in the tournament for a reason and knew we're going to play teams like this. >> sabre cats begin with a new quarterback because mark green retired. abc 7's mike shumann introduces us to the new man under sent year garcia going deep. touchdown. >> aaron garcia replaci
how to contribute the money. >> stockton is fighting to become the largest u.s. city to file for bankruptcy. they base their budget on anticipated developer fee skpinz creasing tax revenues but that vanish whtd mortgage bubble burst. creditors more could have been done to cut employee pensions. the trial is expected to last four day autos freezing temperatures and snow could not detour dozens of people in washington hoping to hear the high court take up the two gay marriage cases tomorrow. you can see them huddled under umbrellas and tarps. the lines began forming on thursday with some people paying others to hold their place in line. the court seats about 500 people and 50 seats are expected to go to the public. tickets are handed out on a first come, first served basis. >> marriage equality advocates will meet for a rally at harvey milk plaza at the castro. then at 7:00 will march for a second rally starting at 8:00. abc 7 news mark matthews is in the news wroom a preview of the arguments. >> the bay area has a lot of interest as you know in the hearing. san francisco among
this morning. stockton faces a four day fight over whether it can remain under federal bankruptcy protection. the city hopes to avoid claims in state court that will force it to pay more than $300 million in debts. they suffered the sharpest richest to rags swings when the mortgage bubble burst. the city has slashed tens of millions in services and programs but has drawn a line on cutting pensions or retiree benefits. they help to force creditors to settle for a fraction of what they are owed. >> about 5:54 on this monday. is there a chance of rain? we will check with our meteorologist. lisa? >> we do not is a great chance. it looks like we are getting cooler conditions, but rain? you know...it is really looking like, again, pushing back toward the end of the work week. starting out with some fog in the not bay, at half moon bay, and novato and santa rosa, and a mile in napa but everyone else, it is a warmer start. this afternoon we are talking about cooler. it will be gusty at times. upper 50's in san francisco. 65 in oakland. 68 in morgan hill. a few extra clouds if you want the warmth, so
week the library of congress selected it along with 23 other recordings for preservation. >>> stockton is said to become the most popular city in the nation to enter bankruptcy when its trial begins tomorrow. creditors who have lent the city money are challenging its chapter 9 bankruptcy petition. creditors plan to argue that the city has not done enough to cut spending. >>> a mock plane crash here in the bay area was designed to help specially trained dogs sharpen their search skills. crews with their dogs took part in this training in the shell ridge open space in walnut creek. the goal was to train volunteers for a real-life emergency. >> the dog handlers, their crews would come out, locate the casualties, and then provide treatment and ultimately evacuation. organize wears the california search and rescue dog association say rescuers don't usually see this type of situation, and they're hoping that this drill will help them in the future in case the real thing happens, they will be better prepared. >> coming up on 9:24. let's turn to rosemary and see how we're looking. the last cou
people they have to answer to our corporations. david stockton outlined a strategy in the 1980's. evenight wing noted that through republican presidents like eisenhower and nixon, you could not cut popular programs like social security or medicare. and government grew at a slower rate. they can love with a strategy of starving the bees. -- they came up with a strategy of starving. the starving -- they huge deficits sta up with a strategy of rving the beast. creating huge deficits. republicans deny care about deficit at all -- do not care about deficits at all. what they do care about is cutting government. to quote grover norquist, it can b t in a bath tu [indiscernible] they call it something else but it would destroy both programs. their goal is to destroy government. corporations paid on average 40% of profits for taxes. arey large corporations 12ing about fall% -- about %. they ryan budget would lower that further. millionaires with a $200,000 tax cut -- would get a 200,000 todollar tax curt. t. host: a tweet -- is true.at if you looked at the budget, we have not had in the g
to upper 60s. >> 8:51 a.m. and after years of struggle stockton is poised to become the most popular city and the answin then to enter bankruptcy when its trial begins tuesday in federal court. creditors to when stock and money are challenging its chapter 9 bankruptcy petition but most observers say the city of 300,000 will be successful. its largest creditors are by the answer is to help the city refinance pension that. police incenses the are searching for a serial arsonist who started three fires in the city over the weekend. police said two fires were lit in large part on memorial drive and a third was started near the 500 block of el camino real out. all three fires were strictly distinguished and caused little damage police said. no suspects information was immediately available. >> traffic moving smoothly and both areas of the bridge, we will be back. new nehoney bunches of oats greek yogurt and whole grain. herehe we go. honehoy corncoflakes and chunks of greek yogurt. i'i'm tasting both the yogurt and the honey at the same time. i'm like digging this yogurt thing. i feelfe health
Search Results 0 to 19 of about 20 (some duplicates have been removed)